How to Sell Duplexes for Sale Fast Without Repairs Needed

Do you have duplexes for sale and you find it difficult to sell because it still needs repairs or updates? Selling a house shouldn’t be a Herculean task even though for some reasons you’re unable to fix up your home before selling it. In the real estate world, there’s the option of selling your home as-is which means you can sell your duplex quickly without needing to make any repairs. 

When selling a duplex in need of repairs, timing is key. Knowing the right time to sell and pricing your home correctly is the best way to sell your duplex fast

This article will walk you through the necessary steps of selling duplexes fast without any repairs. Continue reading to learn more:

Why selling a duplex As-is can be a smart choice 

• No repair costs or time spent on renovations

Selling a duplex as-is means you can go right ahead into the selling phase without making any repairs or renovations. You don’t have to be worried about not getting a buyer because there are many buyers out there looking to buy duplexes as-is.

• Appeal to interested buyers 

When selling a duplex as-is, target the right audience such as buyers who want a project or are looking for an investment property. These buyers are ready to pay for your house so that they can repair and make renovations before listing it back on the market for more profit.

However, when you sell as-is, you might not be able to sell for top value as you would if the property is in the best condition. If you’re able to sell your duplex  fast, you can skip the hassle of going the long route of selling a property which involves paying a realtor and getting an appraisal. 

Tips for selling your duplex fast

• Price your duplex competitively

Before you sell your duplex, observe other duplexes in your area that are sold as-is. Research the prices and conditions they sold for and how fast they were able to sell. Carrying out comparable research helps you set a competitive price for your home and attract the right buyers.

• Market the property to the right buyers

• Investors 

When selling duplexes in need of repairs, target the right buyers like investors and flippers. They often look for properties like yours that they can renovate and sell at a higher price. 

• Owner occupants 

There are buyers who want to live in one unit and rent out the other. Buying your duplex as-is an investment for them because they get to make back their investment through the rent they will collect in the future.

• Use high quality marketing materials

When marking your duplex for sale, use the best materials. Hire a professional photographer if necessary to take good photos and videos of your duplex. Ensure the photos and videos highlight important aspects of the property so that buyers can know what to expect. 

By posting professional photos of your duplex online, buyers can see how intentional you are about selling your property fast and this can attract more interested buyers. Also, consider conducting a virtual tour of your duplex. This will help interested buyers who are unable to travel down to your location for a personal inspection. With a virtual tour, even remote buyers will not miss out on the opportunity to buy your duplex home fast.

• Showcase the rental income potential

When selling your duplex, highlight the potential income buyers can make when they buy it and rent it out. They can rent out each unit separately so they’re able to generate more income. For instance, if they buy the duplex for $400,000, they can rent out each unit in the duplex for $1,600 per month which means they can expect $3,200 per month from each unit. Every year, they can make a return of $38,400 which is a good deal if accumulated over a long period of years.

• Consider cash buyers for a faster sale

Selling your duplex to a cash house buyer increases your chances of selling it fast. Cash house buyers are always on the lookout for houses selling as-is. When you sell to them, you skip the entire hassle or waiting for a financing approval and you can close the sale of the house faster. 

If you want to make a quick sale, target the right audience such as investors or real estate companies;they have the capital to buy your duplex immediately.

• Flexibility with showings

To sell your duplex faster, conduct showings around the property. But you need to be more flexible with your showing schedule since not many buyers may available if your schedule is too rigid. You can have showings for your home twice daily for three times a week. This flexibility allows buyers to inspect your home conveniently without feeling pressured while doing so. Also, make your duplex accessible during showings by decluttering the house, mowing the lawn and clearing the driveway. This also helps the buyers to see the potential of the property.

• Work with an experienced real estate agent

Working with a real estate agent helps you save so much time and the stress of closing the deal on your own. A professional real estate agent can help you price the property correctly which means you can sell it for top value. They can easily target the right audience and get interested buyers faster. And they can assist in negotiations and the closing process.

An experienced agent takes away the stress of selling your duplex on your own, they facilitate the process and help you get your duplex off the market faster.

• Be transparent about the property’s condition 

Being transparent about the property’s condition fosters trust between you and the buyers. It allows them know what to expect when it’s time for repair and renovations. When they know the exact state of the property, they can decide fast on whether to buy or not which saves so much time in the process.

Conclusion 

Selling your duplex as-is without any repairs is possible if you adhere to the tips explored in this article. You don’t need to spend money on repairs and renovations before you sell your duplex for a good price. However, selling as-is can be challenging sometimes, but with the right strategy, you can find buyers who are ready to pay immediately for your property. If you have a duplex for sale, work with a professional real estate agent who can help you list your property or sell directly to buyers. 

FAQs

• Can I sell my duplex without making repairs?

Yes, selling your duplex doesn’t require you to make any repairs or renovations if you’re not willing to do so. There are buyers who are ready to buy your duplex in any condition.

• How do I price my duplex to sell quickly?

Before pricing your duplex, conduct a market research or properties similar to yours in your area. Find out how much they listed, how long they stayed and the market and how they sold for, then you can have an idea of how much to price your duplex..

• What’s the benefit of selling to a cash buyer?

Selling to a cash buyer helps you get your house off the market fast and it saves you so much time and resources.

• How can I market my duplex for sale effectively 

You can market your duplex by pricing it properly, targeting the right audience, working with real estate agents and selling to a cash house buyer.